ajm ready to move alot higher, page-38

I knew someone would argue about ORE low grade product

Yes they are producing some (low quantity) technical grade but the usd 6000 margin mentioned in my previous post was for (low) technical grade. Their margin for battery grade is approx. usd 10000 though.

See, I'm always conservative in my argument (mentioned usd 6000 margin instead of 10000 

Think about this, my 10 mins DD already can come out with some convincing numbers. I believe Australian Super knows much better than me and done better DD 

Some low grade, no big deal, as long as high margin, regardless what happen to the lithium demand/supply (who knows), they will survive, also with usd +300 mil cash

Another downside for Ajm is, they are producing concentrate 6% not LCE or hydroxide, 700-800/t insetad of 12-15000/t